David Booth on improving education: ‘If that means raising taxes … that’s fine’

David Booth, after his speech and having his photo taken with supporters and friends, agreed to answer a few questions — including this one posed this week online by gerald_bostock, who noted that Booth had donated $300 million to the business school at the University of Chicago (Booth, by the way, characterizes the money as a “partnership distribution”).

The question: What do you think about Warren Buffett’s recent campaign to have the super rich taxed by the government?

Booth’s response: “Today I’m just going to focus on education. It’s clear, when you look at the data about incomes for high school graduates, what we really have to do is figure out how to educate and train people a lot better. If that means raising taxes, I think that’s fine.

“At the same time, I’ve been around long enough: Leading with raising taxes and hoping that solves problems is not as good a way to proceed as figuring out, ‘Here’s a solution to the problem,’ and now, ‘Here’s the amount of money we need.’

“I’d rather have better work on solutions before we worry about taxes.”